Plan Ledger DOL Form 5500 · updated monthly

Sdi Innovations, Inc.401(k)

SDI INNOVATIONS, INC. RETIREMENT READINESS 401(K)PLAN · LAFAYETTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.57%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Sdi Innovations, Inc. reported $82,695 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,628 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.568%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 698th-largest of 1,562 plans among Indiana employers on file, and 1,188th of 2,199 in information & media. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,590,311
Participants with balances119
Active participants117
Employer contributions$307,457
Employee contributions$546,998
Employer contribution per active participant$2,628
Average account balance$131,011
Benefits paid to participants$1,237,412
Plan auditUnmodified (clean) audit opinion
AuditorHUTH THOMPSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 119 accts · $307K emplr
2023$13.5M · 125 accts · $306K emplr
2022$10.9M · 119 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,769
Investment management$26,926
Total administrative$82,695
The Sdi Innovations, Inc. 401(k) match · 2024
Employer contribution per active participant$2,628
Median for plans this size$2,416
2024$2,628 per active participant
2023$2,635 per active participant
2022$2,327 per active participant

Sdi Innovations, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
OSAIC WEALTH · Investment advisory (participants)$23,871
WILSHIRE ASSOCIATES INC. (USA) · Investment advisory (participants)$3,055

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$82,695 · 0.57%
2023$74,214 · 0.61%
2022$67,273 · 0.57%
Similar plansInformation & Media · Indiana
Sarkes Tarzian, Inc. IN$37.6M · 0.10%
Endeavor Communications IN$16.5M · 0.19%
Bloomerang, LLC IN$15.3M · 0.63%
Onecause, Inc. IN$14.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351682570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.